Annual report pursuant to Section 13 and 15(d)

Note A - Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Note A - Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2014
Note A - Summary of Significant Accounting Policies (Tables) [Line Items]  
Investments Classified by Contractual Maturity Date [Table Text Block]
   
September 30,
2014
   
September 30,
2013
 
Less than one year
  $ 6,632,000     $ 5,992,000  
1-3 years
    8,302,000       6,770,000  
Total
  $ 14,934,000     $ 12,762,000  
Schedule of Inventory, Current [Table Text Block]
   
September 30,
2014
   
September 30,
2013
 
Raw materials
  $ 3,729,160     $ 4,110,224  
Work-in-process
    292,557       494,980  
Finished goods
    1,368,625       1,021,560  
    $ 5,390,342     $ 5,626,764  
Property, Plant and Equipment [Table Text Block]
   
September 30,
2014
   
September 30,
2013
 
Manufacturing Equipment
  $ 3,057,665     $ 2,404,797  
Office Equipment
    1,985,409       1,862,847  
Leasehold Improvements
    320,218       127,883  
Vehicles
    192,321       154,945  
      5,555,613       4,550,472  
Less accumulated depreciation
    3,093,363       2,753,660  
    $ 2,462,250     $ 1,796,812  
                 
Depreciation expense
  $ 699,306     $ 475,524  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Year ended September 30,
 
2014
   
2013
   
2012
 
Net income
  $ 5,432,851     $ 4,733,844     $ 7,701,194  
Weighted average common shares
    12,916,273       12,527,153       12,371,371  
Dilutive potential common shares
    685,321       551,786       418,797  
Weighted average dilutive common shares outstanding
    13,601,594       13,078,939       12,790,168  
Earnings per share:
                       
Basic
  $ 0.42     $ 0.38     $ 0.62  
Diluted
  $ 0.40     $ 0.36     $ 0.60  
Useful Lives [Member]
 
Note A - Summary of Significant Accounting Policies (Tables) [Line Items]  
Property, Plant and Equipment [Table Text Block]
  Years  
Equipment
3
-
7  
Leasehold improvements
7
-
10 or life of lease
Vehicles
 
3